Category Archives: billionaires

Why Suning went for Inter Milan – Rupert Hoogewerf

Why is retail giant Suning going for one of Europe´s largest soccer clubs, while other Chinese tycoons went for the smaller fish? It is part of the firm´s global strategy, expending into Europe, says Rupert Hoogewerf, founder of the Hurun China rich list in the International Business Times.

Chinese top world rich list by 2020 – Rupert Hoogewerf

This year the Chinese outnumbered the American billionaires, but by 2020 they will replace the top spots at the global rich list, says China Rich List founder Rupert Hoogewerf in the People´s Daily. Hoogewerf predicts Jack Ma, founder and CEO of China’s E-commerce giant Alibabagroup will overtake Wang Jianlin, the property tycoon, as the wealthiest person on the Chinese mainland.

Why the jet market did not take off in China – Rupert Hoogewerf

While China counts 1,420 people who can afford up to 1,750 business jets with a value of US$52 billion only 32 have done so, according to China Business Aviation Special Report 2016 jointly released by Hurun Report and Minsheng Financial Leasing. But there is a huge market to win, says Hurun founder Rupert Hoogewerf, in different Chinese media.

Anbang can pay for its purchases – Shaun Rein

The Chinese insurer Anbang got quite some attention with efforts to purchase the Waldorf Astoria (US$1.9 billion), Blackstone (US$6.5 billion) and Starwood (US$14 billion). Worries that Anbang cannot meet its obligations are overblown, tells business analyst Shaun Rein to the BBC.

Hurun rich list : striving for transparency – Rupert Hoogewerf

To understand China, you have to understand the wealthy in the country, says Hurun Rich List founder Rupert Hoogewerf in the China Daily. By analyzing their lives, Hoogewerf hopes to add to transparency, he says.

Private companies are coming under scrutiny – Rupert Hoogewerf

China´s campaign against corruption is no longer limited to state-owned companies and organizations, but increasingly turns against private companies too. A logical development, tells China rich list founder Rupert Hoogewerf in the Financial Times in an article about Fosun founder Guo Guangchang.

Why a charity law makes sense – Rupert Hoogewerf

After seven years of deliberations, China is ready to adopt its first charity law. The sector has been marred by scandals, and the new law can introduce some oversight, says Rupert Hoogewerf, founder of the Hurun Rich List to Reuters.

Football is now solid on China´s agenda – Rowan Simons

President Xi Jinping´s love for football has put the sport solid on China´s political agenda. This year US$300 million was spend to buy European football players, all apart from the big names. China football expert Rowan Simons has for CNN a look at the way how the football happiness plan works.

Beijing has more billionaires than New York – Rupert Hoogewerf

Beijing is now having more (US$) billionaires than New York, says Hurun rich list founder Rupert Hoogewerf in his latest report, according to AP, despite the fierce drop in stock prices of the last six months. “People will look at China the same way that people looked at Stanford or Silicon Valley in the 1990s.”

Expensive cars and their drivers: what are their characteristics? – Rupert Hoogewerf

Rich Chinese think their cars represent the way they stand in society. But Rupert Hoogewerf, founder of the Hurun Rich List, found out there might be a huge difference between the car owners and the rest of the Chinese, he tells the Shanghai Daily.